Tag: Yuan Based Loans
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Kenya Cuts Dollar Debt After Converting Chinese Loans to Yuan
The Kenyan government is moving quickly to diversify its debt portfolio to reduce its reliance on dollar-denominated loans, with the total amount of outstanding USD debt falling 8.5% year-on-year to just 53.2%, according to new National Treasury data. A big reason ...
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IMF Warns Kenya Over Risks of Converting Debt to Yuan
The International Monetary Fund cautioned Kenya over the dangers of converting U.S. dollar-denominated loans to new loans priced in Chinese yuan. In October, Kenya announced that it plans to convert the remaining $3.5 billion of debt owed to the China Exim ...
A pedestrian reads a sign at a petrol station in Tacloban City, Leyte province, central Philippines on March 30, 2026. Photo by MARLON TANO / AFP
In response to Iran’s partial closure of the Strait of Hormuz, the United States has begun implementing a counter-blockade—leveraging naval patrols, sanctions enforcement, and selective interdictions to constrain Iranian oil exports and raise the costs of Tehran’s strategy. Rather than restoring stability, however, this tit-for-tat dynamic is accelerating fragmentation in global ...
Kenya Cuts Dollar Debt After Converting Chinese Loans to Yuan
The Kenyan government is moving quickly to diversify its debt portfolio to reduce its reliance on dollar-denominated loans, with the total amount of outstanding USD debt falling 8.5% year-on-year to just 53.2%, according to new National Treasury data. A big reason ...
IMF Warns Kenya Over Risks of Converting Debt to Yuan
The International Monetary Fund cautioned Kenya over the dangers of converting U.S. dollar-denominated loans to new loans priced in Chinese yuan. In October, Kenya announced that it plans to convert the remaining $3.5 billion of debt owed to the China Exim ...